Finance Ministry launches retail sukuk
The UAE Ministry of Finance, in collaboration with the Central Bank of the United Arab Emirates, has announced the opening of subscription for the first sovereign sukuk program dedicated to individuals. The issuance is valued at 50 million dirhams and will be traded on Nasdaq Dubai starting from July 2, 2026. The program aims to enable individual investors, both citizens and residents, to participate in legitimate government investment instruments, with a minimum subscription of 1,000 dirhams. Subscriptions will be open from June 24 to June 30 through authorized digital channels. The issuance has a duration of two years and offers an annual return of 4.30%, distributed semiannually.
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